Some Traders See Unusual Bullish Options Activity in Polaris Industries Inc.

 Some Traders See Unusual Bullish Options Activity in Polaris Industries Inc.

In today’s session Polaris Industries Inc. (PII) registered an unusually high (1,115) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the November, 2016 call, expecting serious PII increase. With 1,115 contracts traded and 2074 open interest for the Nov, 16 contract, it seems this is a quite bullish bet. The option with symbol: PII161118C00075000 closed last at: $4.6 or 0% . About 87,522 shares traded hands. Polaris Industries Inc. (NYSE:PII) has declined 20.07% since March 16, 2016 and is downtrending. It has underperformed by 25.61% the S&P500.

Polaris Industries Inc. (NYSE:PII) Ratings Coverage

Out of 17 analysts covering Polaris Industries (NYSE:PII), 5 rate it a “Buy”, 1 “Sell”, while 11 “Hold”. This means 29% are positive. $159 is the highest target while $69 is the lowest. The $88 average target is 12.49% above today’s ($78.23) stock price. Polaris Industries has been the topic of 43 analyst reports since July 23, 2015 according to StockzIntelligence Inc. On Tuesday, September 13 the stock rating was maintained by Wedbush with “Neutral”. The rating was maintained by UBS with “Neutral” on Friday, December 18. The stock of Polaris Industries Inc. (NYSE:PII) has “Buy” rating given on Wednesday, June 29 by Lake Street. The firm earned “Buy” rating on Monday, October 12 by Northcoast. The firm has “Buy” rating given on Monday, September 21 by Wunderlich. Wunderlich maintained the shares of PII in a report on Monday, September 12 with “Buy” rating. On Thursday, July 23 the stock rating was downgraded by RBC Capital Markets to “Sector Perform”. RBC Capital Markets maintained the stock with “Outperform” rating in Monday, January 18 report. The stock has “Neutral” rating given by Longbow on Wednesday, December 23. The stock has “Neutral” rating given by Longbow on Wednesday, September 9.

According to Zacks Investment Research, “Polaris Industries Inc. designs, engineers and manufactures snowmobiles, all terrain vehicles, motorcycles and personal watercraft and markets them, together with related replacement parts, garments and accessories through dealers and distributors. The company’s line of all terrain vehicles consist of fourteen models includes general purpose, sport and four-wheel drive utility models. The company produces a full line of snowmobiles, consisting of thirty-three models, ranging from utility and economy models to performance and competition models.”

Insitutional Activity: The institutional sentiment increased to 1.21 in 2016 Q2. Its up 0.24, from 0.97 in 2016Q1. The ratio is positive, as 56 funds sold all Polaris Industries Inc. shares owned while 125 reduced positions. 51 funds bought stakes while 168 increased positions. They now own 55.84 million shares or 2.55% more from 54.46 million shares in 2016Q1.
Federated Invsts Pa accumulated 33,625 shares or 0.01% of the stock. Consolidated Gru Limited Liability Corp holds 0.75% or 18,087 shares in its portfolio. Security Comml Bank Of Sioux City Iowa Ia has invested 0.53% of its portfolio in Polaris Industries Inc. (NYSE:PII). The Pennsylvania-based Stevens Capital Management L P has invested 0.05% in Polaris Industries Inc. (NYSE:PII). Fmr Lc, a Massachusetts-based fund reported 2.93 million shares. Shinko Asset Mngmt Limited has 196 shares for 0% of their US portfolio. Palo reported 30,752 shares or 0.86% of all its holdings. Voya Mngmt Limited Liability Company accumulated 0.01% or 26,113 shares. West Coast Fincl Limited Liability Co has 0.97% invested in the company for 32,684 shares. Alphamark Ltd Liability reported 145 shares or 0.01% of all its holdings. Capstone Asset Mngmt owns 5,904 shares or 0.01% of their US portfolio. Aperio Gp Lc holds 0.01% or 22,962 shares in its portfolio. Moreover, New York State Teachers Retirement has 0.02% invested in Polaris Industries Inc. (NYSE:PII) for 110,702 shares. Nordea Mgmt Ab last reported 0.01% of its portfolio in the stock. Johnson Financial Grp Inc Incorporated last reported 0% of its portfolio in the stock.

Insider Transactions: Since May 2, 2016, the stock had 1 buy, and 1 insider sale for $1.92 million net activity. Another trade for 2,100 shares valued at $174,613 was made by FARR KEVIN M on Monday, May 23. Another trade for 21,108 shares valued at $2.09M was sold by Longren David C..

Polaris Industries Inc. designs, engineers and makes off-road vehicles (ORV), including all-terrain vehicles (ATV) and side-by-side vehicles for recreational and utility use, snowmobiles, motorcycles and global adjacent markets vehicles, together with the related parts, garments and accessories. The company has a market cap of $5.11 billion. The Company’s divisions are ORV/Snowmobiles, Motorcycles and Global Adjacent Markets. It has a 13.57 P/E ratio. These products are sold through dealers and distributors located in the United States, Canada, Western Europe, Australia and Mexico.

PII Company Profile

Polaris Industries Inc. (Polaris), incorporated on September 23, 1994, designs, engineers and makes off-road vehicles (ORV), including all-terrain vehicles (ATV) and side-by-side vehicles for recreational and utility use, snowmobiles, motorcycles and global adjacent markets vehicles, together with the related parts, garments and accessories (PG&A). The Company’s divisions are ORV/Snowmobiles, Motorcycles and Global Adjacent Markets. These products are sold through dealers and distributors located in the United States, Canada, Western Europe, Australia and Mexico. The Firm sells its clothing and accessories through its e-commerce Websites polaris.com, indianmotorcycle.com, klim.com, kolpin.com, cyclecountry.com, proarmor.com, timbersled.com, hammerheadoffroad.com and 509films.com.

More notable recent Polaris Industries Inc. (NYSE:PII) news were published by: Fool.com which released: “Better Buy: Polaris Industries Inc. vs. Harley-Davidson” on October 17, 2016, also Businesswire.com with their article: “Polaris Industries Inc. Announces Agreement to Acquire Transamerican Auto Parts” published on October 12, 2016, Fool.com published: “Polaris Industries Inc. in 3 Charts” on September 27, 2016. More interesting news about Polaris Industries Inc. (NYSE:PII) were released by: Fool.com and their article: “Better Buy: Polaris Industries Inc. vs. Arctic Cat” published on September 22, 2016 as well as Prnewswire.com‘s news article titled: “Shareholder Class Action Filed Against Polaris Industries, Inc. – PII” with publication date: September 20, 2016.

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